About
David Chaston is the publisher of interest.co.nz and is commited to ensuring readers get the latest information on interest rates, and the forces that move them.
David Chaston
Latest articles
Black Friday home loan increases come from the Red Bank. Hikes range from +10 bps to +30 bps. Meanwhile wholesale swap rates fall
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Black Friday home loan increases come from the Red Bank. Hikes range from +10 bps to +30 bps. Meanwhile wholesale swap rates fall
A review of things you need to know before you go home on Thursday; No rate changes today, Truckometer slows near peak, commodity prices rise, car sales in clouds, VW execs face criminal charges, swaps lower, NZD up
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A review of things you need to know before you go home on Thursday; No rate changes today, Truckometer slows near peak, commodity prices rise, car sales in clouds, VW execs face criminal charges, swaps lower, NZD up
World Bank likes US tax-and-spend plans, worried about trade policy; US house sale fails rise; Vancouver takes odd policy stances; Aussie property developers happy; UST 10yr yield at 2.34%; oil up, gold down; NZ$1 = 70.1 US¢, TWI-5 = 76.5
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World Bank likes US tax-and-spend plans, worried about trade policy; US house sale fails rise; Vancouver takes odd policy stances; Aussie property developers happy; UST 10yr yield at 2.34%; oil up, gold down; NZ$1 = 70.1 US¢, TWI-5 = 76.5
A review of things you need to know before you go home on Wednesday; BNZ hikes mortgage rates including floating, UDC and BNZ up TD rates, QV sees investor retreat, car sales zoom, UDC sold, job ads strong
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A review of things you need to know before you go home on Wednesday; BNZ hikes mortgage rates including floating, UDC and BNZ up TD rates, QV sees investor retreat, car sales zoom, UDC sold, job ads strong
BNZ pushes through rate hikes of up to +30 bps for almost all its home loan rates, and makes modest changes to two selected TD rates under two years
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BNZ pushes through rate hikes of up to +30 bps for almost all its home loan rates, and makes modest changes to two selected TD rates under two years
International trade grows; US Fed pays huge dividend; FX 'cartel' traders to be indicted; China inflation jumps; Aussie milk output sinks; UST 10yr yield at 2.39%; oil lower, gold up; NZ$1 = 69.9 US¢, TWI-5 = 76.2
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International trade grows; US Fed pays huge dividend; FX 'cartel' traders to be indicted; China inflation jumps; Aussie milk output sinks; UST 10yr yield at 2.39%; oil lower, gold up; NZ$1 = 69.9 US¢, TWI-5 = 76.2
A review of things you need to know before you go home on Tuesday; Fixed and floating rates raised, home ownership rates fall; China PPI leaps, Aussie retail stumbles; swaps fall, NZD rises
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A review of things you need to know before you go home on Tuesday; Fixed and floating rates raised, home ownership rates fall; China PPI leaps, Aussie retail stumbles; swaps fall, NZD rises
David Chaston explores how migrants and older workers are keeping NZ Super sustainable
We missed it yesterday, but Kiwibank has also raised all its floating mortgage rates, although retains the position of 'lowest in market'
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We missed it yesterday, but Kiwibank has also raised all its floating mortgage rates, although retains the position of 'lowest in market'
US inflation expectations rise; Fed official: tackle budget deficit; Paraguay booming; AU mortgage stress hits wealthy suburbs; VW exec arrested over emissions cheating; UST 10yr yield at 2.38%; oil lower, gold up; NZ$1 = 70.2 US¢, TWI-5 = 76.6
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US inflation expectations rise; Fed official: tackle budget deficit; Paraguay booming; AU mortgage stress hits wealthy suburbs; VW exec arrested over emissions cheating; UST 10yr yield at 2.38%; oil lower, gold up; NZ$1 = 70.2 US¢, TWI-5 = 76.6
Another major mortgage lender raises fixed rates, this time the state-owned bank, with rises ranging from +10 to +20 bps
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Another major mortgage lender raises fixed rates, this time the state-owned bank, with rises ranging from +10 to +20 bps
A review of things you need to know before you go home on Monday; Barfoot's December weak, Aussie housing approvals low, China smog spreading, Dow nears 20,000, swap rates turn up, NZD stable
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A review of things you need to know before you go home on Monday; Barfoot's December weak, Aussie housing approvals low, China smog spreading, Dow nears 20,000, swap rates turn up, NZD stable
US adds 156K new jobs, pay rises +2.9% pa; sudden rush of bond issuance; surprise Aussie trade surplus; China fx reserves slip; UST 10yr yield at 2.42%; oil unchanged, gold lower; NZ$1 = 69.6 US¢, TWI-5 = 76.1
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US adds 156K new jobs, pay rises +2.9% pa; sudden rush of bond issuance; surprise Aussie trade surplus; China fx reserves slip; UST 10yr yield at 2.42%; oil unchanged, gold lower; NZ$1 = 69.6 US¢, TWI-5 = 76.1
We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market
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We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market
A major mortgage lender sets higher rates to start 2017, responding to higher wholesale rates, and hoping its rivals follow soon
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A major mortgage lender sets higher rates to start 2017, responding to higher wholesale rates, and hoping its rivals follow soon
US service sector strong, but not traditional retail; China service sector grows; Japan insurer adopts AI; Vancouver house prices fall -2.2%; UST 10yr 2.37%; oil up, gold jumps while bitcoin slumps; NZ$1 = 70.3 USc, TWI = 76.4
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US service sector strong, but not traditional retail; China service sector grows; Japan insurer adopts AI; Vancouver house prices fall -2.2%; UST 10yr 2.37%; oil up, gold jumps while bitcoin slumps; NZ$1 = 70.3 USc, TWI = 76.4
We look at what the LINZ title data shows us about new residential dwelling construction activity, and compare that to the building consent data we are used to seeing
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We look at what the LINZ title data shows us about new residential dwelling construction activity, and compare that to the building consent data we are used to seeing
Fed minutes see a faster hike pace; US banks work to gut the Volker Rule; India's tax take rises; Eurozone inflation jumps; Spain's jobless falls fast; UST 10yr 2.44%; oil and gold up; NZ$1 = 69.6 USc, TWI = 76.2
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Fed minutes see a faster hike pace; US banks work to gut the Volker Rule; India's tax take rises; Eurozone inflation jumps; Spain's jobless falls fast; UST 10yr 2.44%; oil and gold up; NZ$1 = 69.6 USc, TWI = 76.2
Dairy prices slide; NZ happier; ethics move fails; China PMI rises with US; ANZ retreats further in Asia; Aussie house prices rise +11%; UST 10yr 2.46%; oil down, gold up; NZ$1 = 69.4 USc, TWI = 76.3
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Dairy prices slide; NZ happier; ethics move fails; China PMI rises with US; ANZ retreats further in Asia; Aussie house prices rise +11%; UST 10yr 2.46%; oil down, gold up; NZ$1 = 69.4 USc, TWI = 76.3
If you ended up with lower term deposit rates at the end of 2016 than at the start, you missed out on the upturn in the 4th quarter. Will it continue?
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If you ended up with lower term deposit rates at the end of 2016 than at the start, you missed out on the upturn in the 4th quarter. Will it continue?
US minimum wages up, retail strong; China struggles with fx controls, housing policy; Brazil monster trade surplus; ASIC calls out bank cultures; UST 10yr 2.45%; oil stable, gold down; NZ$1 = 69.4 USc, TWI = 76.3
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US minimum wages up, retail strong; China struggles with fx controls, housing policy; Brazil monster trade surplus; ASIC calls out bank cultures; UST 10yr 2.45%; oil stable, gold down; NZ$1 = 69.4 USc, TWI = 76.3
We want your opinion about what is likely to happen in the year ahead, on anything that affects our economy
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We want your opinion about what is likely to happen in the year ahead, on anything that affects our economy
The New Zealand mortgage market grew by more than $20 bln in the past year and one bank is winning an out-sized share of that - despite being the least price-competitive
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The New Zealand mortgage market grew by more than $20 bln in the past year and one bank is winning an out-sized share of that - despite being the least price-competitive
US exports sink; US jobless claims fall; Chinese official calls for a real estate tax; PBoC widens currency base; Amazon thinks high; UST 10yr 2.47%; oil stable, gold leaps; NZ$1 = 69.5 USc, TWI = 76.3
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US exports sink; US jobless claims fall; Chinese official calls for a real estate tax; PBoC widens currency base; Amazon thinks high; UST 10yr 2.47%; oil stable, gold leaps; NZ$1 = 69.5 USc, TWI = 76.3
In 2016, having the lowest mortgage rates was no path to market share success. The big banks learned where the sweet spot was above their price-fighting rivals
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In 2016, having the lowest mortgage rates was no path to market share success. The big banks learned where the sweet spot was above their price-fighting rivals